TechFlow news — Bill Ackman, founder and CEO of U.S. hedge fund Pershing Square Capital Management, said the price of BTC could surge much higher than anyone imagines.
He added, "Rising bitcoin prices lead to increased mining and energy usage, which drives up energy costs, resulting in higher inflation and dollar depreciation. This in turn boosts demand for bitcoin and further mining, increasing energy demand—the cycle continues. Perhaps I should buy some bitcoin."




